49ers Expand Sporting Empire to Buy Scotland’s Rangers FC

Rangers Football Club, one of two giants in Scottish football, has been bought out by an American consortium of 49ers Enterprises and health entrepreneur Andrew Cavenagh.

Rangers, who have been lagging behind fierce rivals Celtic FC in recent years, will benefit from an immediate cash injection of £20 million ($27 million), subject to shareholder approval at the club’s general meeting on June 23, according to a club statement.

49ers Enterprises, who also own the San Francisco-based National Football League team, assumed full control of Leeds United Football Club in 2023. The club have just been promoted to England’s ...